Jul 24, 2012
blog

Perspectives on Working Capital

I just finished teaching at the 14th annual National School for Experienced Ag Lenders in Spearfish, South Dakota. This year's group of 70 ag lenders and regulators was very open-minded and eager to learn, which was a blessing to all the instructors involved with the school. One student asked the following question, which is very relevant to lenders and the producers whom they serve....More
Jul 24, 2012
blog

2012 Farmfest Forum, Panel Topics 12

Farmfest 2012 will feature an exciting line-up of feature forums, as well as a U.S. Senate and Congressional Candidates Forum. The forums will be held August 7, 8 and 9, in the forum tent on the Farmfest site, which is located at the Gilfillan Estate, 7 miles southeast of Redwood Falls, Minn. The schedule for 2012 has a heavy emphasis on national and state agricultural policy issues, and on issues affecting rural Minnesota....More
Jul 24, 2012
blog

Where the Drought Hits Hardest

Analysts say the notable aspect of this drought is its rapid increase in intensity since the beginning of July, spanning the crucial crop development period. As the percentage of total cropland under severe or greater drought increased from 17% to 39% (a 56% increase), the total value of crops increased from 16% to 31%, and the total value of cattle increased from 16% to 44%, USDA economists report....More

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